regulation

Maybe there should have been more regulation. Maybe a company that could bring down the entire U.S. economy if it "were allowed to fail" should never have been allowed to be so big. Maybe Roosevelt was right and Clinton and the republican house and senate were wrong in 1999 when they gutted the Glass-Steagall Act.

On a brighter note, Mike Bloomberg, just said yesterday that it could get much much worse if foreign entities stop purchasing U.S. debt. Oh, wait that's not a brighter note.